AIHR

DECEMBER 22, 2023

One of the first things employees look at before even receiving a job offer is their compensation package. of employees rank compensation as the top factor in job satisfaction. So, how do you craft a total compensation package that resonates with a diverse workforce? Contents What is a compensation package?

Compensation

Digital HR Tech

NOVEMBER 11, 2019

Compensation and benefits refer to the benefits a firm provides to its employees in exchange for their labor. Compensation and benefits are thus a key part of Human Resource Management. In this article, we will provide you with a full guide about compensation and benefits.

Compensation

Best Money Moves

OCTOBER 16, 2018

Employee benefits success is all about communication. A third of compensation costs go towards employee benefits and some employees would forgo a raise for better work-life balance or better healthcare benefits, but almost half of employees don’t even understand the benefits their employer already offers.

Employee Benefits

Achievers

AUGUST 4, 2022

Total rewards doesn’t just pertain to financial compensation ? it also includes healthcare benefits, time off, recognition programs, and more. Financial compensation. Financial compensation isn’t the be-all and end-all of incentivizing employees, but it’s still a key part of an organization’s total rewards offerings.

Recruiting Software

Zenefits

SEPTEMBER 22, 2020

ERISA protects plan participants and their beneficiaries, but as studies show, the law doesn’t guarantee that employees understand their healthcare benefits or make the right plan choices. Department of Labor’s Employee Benefits Security Administration offers employers compliance assistance with ERISA.

Planning Tools

HR Digest

APRIL 13, 2023

Managing employee benefits and compensation is an essential function for any organization that wants to attract, retain, and motivate top talent. Employee compensation and benefits are critical components of an organization’s total rewards package, which is a key factor in employee satisfaction and engagement.

Compensation

Digital HR Tech

NOVEMBER 21, 2019

What types of employee benefits are most appreciated among the different generations in the workplace? That’s what we’ll take a look at in this article that’s based on a recently released study on employee benefits. Contents What are employee benefits? What are employee benefits?

Employee Benefits

Flimp Communications

APRIL 7, 2020

Employee satisfaction is an area taking a bit of a hit. Several industries have workers striking (or threatening to strike) over working conditions, employee compensation and leave or healthcare benefits. HR and company leadership should always be upfront and honest about employee compensation.

Compensation

Best Money Moves

JANUARY 29, 2020

Top 5 reasons why employees leave their jobs in 2020. It has a lot more to do with professional development than it does compensation. Opportunities for professional development are vital to job satisfaction and employee retention. Without them, employees will look elsewhere, according to research by CareerAddict.

Harassment

Keka HR Blog

MAY 6, 2021

Previously, employee benefits were referred to as “fringe benefits” or “perks.” ” These are non-financial services given to employees in addition to their salaries. These work benefits can include paid leave, medical care, life insurance, and retirement benefits.

Employee Benefits

Zenefits

SEPTEMBER 21, 2020

The decision to bring on a new employee is not one that should be taken lightly, as each new team member affects the culture of your small business as well as your financials. The national average of employee benefits cost. For civilian workers, the average cost for employers paying for employee benefits equals $11.82

Employee Benefits

Zenefits

NOVEMBER 12, 2020

government is covering the cost of healthcare for COVID-19-positive patients, emphasis has shifted to having adequate medical coverage — no matter your age or current health status. Employers have many options when considering providing healthcare benefits to staffers. While the U.S. Options for business.

Employee Benefits

Best Money Moves

MARCH 11, 2024

In fact, according to Forbes Advisor , 40% of employers believe that workers would leave their current jobs to find employment that offers better benefits. Well-tailored, helpful employee benefits go a long way toward keeping your existing team members satisfied while also attracting new talent.

Planning Tools

Extensis

MAY 24, 2022

Quick Look: In the midst of the highest inflation rate since 1981 and spiking costs for healthcare plans, CFOs are feeling the impact of this double-whammy situation. Though statistics show the Great Resignation is beginning to plateau, the shift in compensation expectations remains. Engage employees. Alleviate burden from CFOs.

Planning Tools

Extensis

JANUARY 10, 2023

Quick look: SMBs have felt the weight of increasing healthcare costs and most consider it a top challenge in their recruiting efforts. Though necessary to stay competitive, the affordability of healthcare benefits often causes a strain on already limited budgets.

Recruiting Software

Vantage Circle

SEPTEMBER 8, 2021

As a leader, compensation planning is one of the skills you will need to master. One of the most important aspects of organizational planning is having a compensation plan that rewards employees and provides competitive pay. The bottom line is that the better your compensation strategy is, the better your retention rates.

Compensation

Zenefits

NOVEMBER 26, 2021

When people are looking for their next move, they’re considering many factors, including compensation, location, and various benefits (vacation, leave, healthcare, flexible working arrangements, etc). The cost of employee benefits (national average). The average cost of benefits per employee was $12.06

Employee Benefits

Extensis

NOVEMBER 16, 2022

Upgrading to premier offerings doesn’t mean discounting the value of competitive pay and healthcare benefits. Reevaluating on an annual basis will help to ensure compensation packages align with what employees expect in the current landscape. Elevate the client experience through exclusive offerings.

Recruiting Software

Extensis

AUGUST 18, 2022

With new regulations in place, telehealth as a top priority , and cutbacks (and in some cases, extensions) in medical coverage for employers and their employees, nothing has felt quite the same. Steady benefits coverage across SMB accounts. Additionally, voluntary benefits have seen a resurgence in the past several months.

Survey

Extensis

JULY 10, 2023

From maintaining compliance to updating compensations or bonus entities within your payroll system, ExtensisHR’s PEO Premier® is equipped to handle every major HR need. In fact, 75% of patients are wanting deeper personalization in healthcare from providers. PEO Premier® helps our customers make that expectation a reality.

AI Recruiting

Insperity

JULY 27, 2021

developing an employee handbook or healthcare benefits administration). Employees leaving because their company enters a PEO relationship is virtually unheard of. How will my workers’ compensation experience rating be affected by joining? In fact, the opposite is likely true. For example: Are you a certified PEO?

HR Planning

AIHR

MARCH 22, 2023

Conduct a market analysis for the job offer Conducting a market analysis typically includes researching salary and benefit trends for your industry and region, analysing competitor job offers and based on your research, creating a competitive compensation and benefits package. What is a job offer letter?

Background screening

Extensis

FEBRUARY 27, 2025

It highlights key areas business leaders should focus on to create solutions which better fit employee needs in order to drive retention and secure a successful future. Workplace trends Time also drives the reports workplace trends and reflects the ability of SMBs to attract top talent by adjusting their benefit options.

Study

Empuls

FEBRUARY 26, 2024

From well-being to flexibility, continuous learning to personalized perks, let's understand the game-changing employee benefits trends that will take lead in the near future.   Costco, for instance, is known for offering high-quality healthcare benefits to its employees at a reasonable cost.

Planning Tools

Zenefits

AUGUST 31, 2020

The global HR firm Robert Half identified the top 5 employee benefits after money in its 2020 Robert Half Salary Guides. A growing demand from employees in general is flexible hours for balancing work and personal responsibilities. SBOs may be able to defray some of the cost of providing healthcare benefits under the ACA.

Employee Benefits

Extensis

SEPTEMBER 6, 2022

Healthcare benefits are one of the most attractive parts of a compensation package. Without the buy-in of employees, it leaves SMBs in a less-than-desirable position when it comes to retention and recruitment. Communication methods may include webinars, online portals, and in-person knowledge shares.

Survey

Insperity

SEPTEMBER 14, 2021

As a co-employer, the PEO you choose will ultimately take responsibility for payroll processing, providing workers’ compensation insurance coverage, providing an employee benefits package and a host of other sensitive human resources (HR) and administrative tasks. How are healthcare benefits funded?

HR Planning

Extensis

MAY 4, 2023

Though inflation is inevitable, brokers and PEOs are working together to give SMBs better health benefit options. It wasn’t long ago when full-time employment automatically included the assumption of health insurance benefits. 45% of surveyed employees said they declined coverage because they deemed it unaffordable.

Planning Tools

EngagementMultiplier

MAY 19, 2021

This has put mental health at the top of the list of what’s trending in employee benefits. Also trending in human resources planning right now are flexible work-from-home options, digital wellness platforms, remote team-building activities, regular surveys to keep a pulse on how employees are coping, and team bonding initiatives.

Wellness

Recruiters Lineup

JANUARY 28, 2024

It’s crucial for employers to comply with these regulations to ensure fair compensation for employees working extra hours. This offer typically includes details such as job responsibilities, compensation, benefits, and other relevant terms of employment. The minimum wage may vary based on the industry and region.

Video Recruiting

Recruiters Lineup

JANUARY 24, 2024

Understanding these contractual obligations is essential for both employers and employees to avoid disputes and maintain a harmonious workplace. Minimum Wage and Compensation: Bahamian employment laws dictate the minimum wage rates, which are crucial considerations during the hiring process.

Video Recruiting

Corn on the Job

AUGUST 28, 2018

With the rising costs of healthcare, employees are more and more enticed to apply to a company that provides them with excellent healthcare benefits. However, health insurance and wellness programs in the workplace do not only benefit the employees but also their employers, and for a number of reasons.

Employee Benefits

Payactiv

APRIL 22, 2022

This often overlooked, and easy-to-implement- employee benefit is the perfect way to gain that competitive edge your staffing company needs to retain and attract employees in today’s ultra-competitive market. The “employee-centric market” reigns. 5 Strategies for Hiring? The Big Picture.

Staffing Software

Corporate Synergies

MARCH 5, 2019

CAMDEN, NEW JERSEY – March 5, 2019 – Corporate Synergies , a national insurance and employee benefits brokerage and consultancy with offices throughout the eastern United States, has announced promotions and hirings of key individuals to the executive team. Greg Blemlek, Vice President, Senior Benefits Consultant, Philadelphia.

Hiring Software

HRExecutive

MARCH 26, 2020

Now, the outside of work and the inside of work have meshed together,” he said about the overnight impact of the health crisis on employers, who have had to quickly start considering issues like virtual onboarding, successful remote-work structures and the employee experience of a distributed workforce.

Hiring Software

Zenefits

JULY 17, 2022

A covered worker who takes Delaware paid family and medical leave must be reinstated to the same position the worker had when the leave began or be put into a job where the seniority, benefits, pay, and compensation, including fringe benefits, are equal to that which the employee had before going out on leave.

Hiring Software

Empuls

DECEMBER 17, 2024

Companies are constantly seeking ways to stand out, and one of the most effective strategies is offering cool employee benefits. These benefits enhance the overall work experience and foster employee loyalty and satisfaction. Why offer cool benefits?

Adobe